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Norwegian regulatory extends review of ICA Gruppen AB and Norgesgruppen cooperation

Monday, 16 Dec 2013 10:00am EST 

ICA Gruppen AB:Says the Norwegian Competition Authority is extending its review of the agreement between ICA Norway and Norgesgruppen on joint sourcing and distribution.Says the reason for the extended review is the plans for joint purchasing cooperation announced last week by COOP Norway and Rema 1000.Says the review is expected to be completed no later than the end of Feb. 2014.Says at present the Authority has suspended the cooperation until Jan. 10 and will inform ICA whether the suspension will also be extended. 

Company Quote

-0.8 -0.34%
19 Sep 2014